Akash Network’s proposed migration to Solana would terminate staking rewards when its marketplace switches chains, not when the new AKT token launches, according to governance documents published this week. The shift changes the timeline for reward cessation and affects validator income across two distinct phases.
Proposal 346, which enters its final voting period on November 2, specifies that old-chain inflation and staking rewards end at marketplace cutover, rather than at SPL AKT token launch. This separation means stakers retain rewards during the token issuance phase, but lose them once the marketplace moves to Solana.
The migration unfolds in distinct steps. AKT holders exchange tokens at a 1:1 ratio for SPL AKT after audits complete, expected two to three weeks after proposal passage. Validator roles and income end 90 days after the old Cosmos chain halts. A portal remains open for two years to allow irreversible migration of balances and claims.
The unbonding period lasts 21 days under the current proposal. Greg Osuri, Akash founder, stated in a blog post on October 26 that “new staking mechanisms would be announced before cutover,” indicating replacement yield structures remain undisclosed.
Akash’s current design directs newly issued AKT to provider incentives and community treasury rather than staking rewards. The proposal forbids the BME program from minting AKT in the Solana system. Compute credits, denominated in dollars and nontransferable, will be redeemable from a vault supplied with AKT collateral.
The governance documents reference AEP-79 for migration design and AEP-76 for roadmap details. Emissions curve parameters remain unresolved, including the gross issuance rate, decay schedule, recipient split, and cumulative hard-cap. Akash did not specify the marketplace cutover date or confirm which timeline from earlier technical drafts will govern final audited instructions.
The proposal voting deadline is November 2 at 15:02:58 UTC.
